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OPEC

oil-well

OPEC rivals now allies in push for oil market share

30/11/2015(0)
Almost by accident, OPEC adversaries Saudi Arabia and Iran are about to work as a team. When the Saudi kingdom decided last year that OPEC should keep pumping to ... Read More
Oil_well

Brent crude dips on firm dollar ahead of OPEC meeting

30/11/2015(0)
Brent crude futures dipped on Monday as traders remained cautious ahead of an OPEC meeting later this week and as a widely expected U.S. interest rate hike strengthened the ... Read More
oil - petrol - A man fills up his car

Biggest Oil Buyers Pick Themselves as Winners From OPEC Meeting

27/11/2015(0)
OPEC to meet Dec. 4 in Vienna to discuss oil production target South Korean refiner sees `best time ever’ as buyer amid glut Oil buyers in Asia are sure ... Read More
saudi-arabia

Don’t expect Saudi Arabia to back down when OPEC meets

26/11/2015(0)
Cartel may ‘splinter as each country has different agendas and priorities’ Despite a nearly 30% fall in oil prices since a June meeting, don’t expect the Organization of the ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Will Oil Prices Really Double in 2016?

26/11/2015(0)
High uncertainty in future oil prices has suggested that over the course 2016, oil prices could as much as double, or halve. Low oil prices over the course of ... Read More
oil well

OPEC Seen Holding the Line as $40 Crude Looms Over Vienna

24/11/2015(0)
All 30 analysts surveyed see OPEC policy unchanged on Dec. 4 Saudi strategy taking effect even as other members protest It’ll take more than $40 crude to make OPEC ... Read More
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Why OPEC Can’t Win The Oil Price War

19/11/2015(0)
As the oil price war unfolds it becomes easier to understand the outcome. There is ongoing speculation about the motives of the main players. Is it a battle between OPEC ... Read More
oil

Oil prices drop on rising stockpiles, Japan recession fears

11/11/2015(0)
Crude oil prices fell on Wednesday after industry data showed an increase in U.S. stockpiles, while fears that Japan’s economy may have fallen into recession added to demand woes. ... Read More
oil-well

OPEC’s Strategy Seen Potentially Backfiring

10/11/2015(0)
Decision against controlling oil output could add to sustained period of low oil prices and dent revenues, IEA says OPEC’s unwillingness to limit its oil output could help usher ... Read More
oil-well

Saudi Minister Says Asia Will Drive Oil Demand

09/11/2015(0)
OPEC chief joins Naimi in seeing Asia as main hub for growth Russia targets doubling oil exports to Asia-Pacific by 2035 Oil demand will soon reflect the “attractiveness” of ... Read More
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